Sec

In September, the US Securities and Exchange Commission (SEC) began an investigation into the $75 million loan handed to 38 Studios by the state of Rhode Island’s Economic Development Corporation (EDC), which as of January 1 was renamed the Rhode Island Commerce Corporation (RICC). Today, it has come to light that the SEC has subpoenaed […]

SouthPeak Interactive, along with its chairman Terry Phillips, has satisfied the U.S. Securities and Exchange Commission enough in order for the government body to drop a pending investigation over the firm’s failure to report and record a 2009 loan given to the firm by Phillips in a clear and proper manner.

Shacknews sends word that Midway’s playing its trump card in its duel with fate’s cruel whims. Apparently, the beleaguered publisher was able to convince a portion of its investors to delay enacting their money-back guarantee – applicable because a large portion of Midway recently changed hands — until February 19. If Midway’s able to talk […]

One for the bookmark. You can find the SEC filing detailing EA’s tender offer for Take-Two here. Did you know, for example, that the $26 per share offered amounts to exactly $2,152,261,826? The entire buyout issue will be headline news pretty much everywhere this week, as Take-Two holds its AGM in New York, a meeting […]